AT&T explores ways to offload DirecTV, report says
Saddled with debt from its acquisitions of DirecTV and Time Warner, telecom giant AT&T is looking at new ways to offload one of those two properties.
DirecTV is a pay television company that offers video services over satellite and through the Internet. The company is majority owned by AT&T, with private equity firm TPG Capital assuming a minority stake. DirecTV operates the flagship satellite service along with DirecTV via Internet and DirecTV Stream, its streaming video products.
Saddled with debt from its acquisitions of DirecTV and Time Warner, telecom giant AT&T is looking at new ways to offload one of those two properties.
DirecTV has announced support for Movies Anywhere, a content licensing consortium that allows customers to watch purchased movies across different devices.
AT&T will ease marketing initiatives for its satellite television platform DirecTV to most customers, with limited exceptions, a company executive said this week.
An AT&T executive reiterated his company’s desire to offload satellite pay TV service DirecTV less than five years after the telecommunications giant acquired the service.
Dish Network’s chairman said it’s likely inevitable that his company and AT&T’s DirecTV would merge in the future.
Hearst Television has restored more than three dozen local channels to AT&T-owned pay television platforms after a two-day long dispute over retransmission fees.
Local stations in as many as three dozens communities have been dropped from AT&T-owned pay TV platforms, including DirecTV.
Dozens of local broadcast stations owned by Hearst Television will be pulled from pay TV systems owned by AT&T on Thursday.
The blackout impacts KRON-TV in San Francisco as well as channels in Bakersfield and Fresno.